Who's succeeding right now? Try Chiropractors, Ink-Cartridge Recyclers, & Disaster Recovery Specialists

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Mortgage and Lending with Crescent Bank & Trust

Go to fullsize imageWhile it's not the greatest time to be a real estate lender, I'm encountering bright spots during my "non-virtual" (face-to-face) social networking, Last Monday was the monthly meeting of the Woodstock Community Business Association. The chiropractor who started the group made numerous comments about how busy his practice has become.  While it's entirely possible that the bone doc was simply being positive for the benefit of the rest of us who were there because our fiscal survival depends on cultivating referrals, I got the impression that he really is as busy as a one-armed paper hanger.

 

Go to fullsize imageAnother social networking group has given me the chance to befriend a guy who left "corporate America" in late 2007 to buy into a franchise that recycles printer cartridges. He told me 2 weeks ago that his YE 2008 gross sales are up 110% over YE 2007. Though the cynical (pragmatic) banker in me growls & whispers, "That's great, my friend, but a dollar + a dollar = 100% revenue growth", I'll take good news wherever I can get it, and by golly I'm also gonna pass it on!

 

Go to fullsize imageThe third bright spot in our local north Metro Atlanta economy is Disaster Recovery. These are the folks who are hired by a Property & Casualty insurance company when an insured home or business suffers fire, water, storm, or crime scene damage. The industry is relatively young and is still developing such standards as preventing conflicts of interest by requiring iniitial assessment & mitigation to be performed by a company that doesn't generate cash flow from re-construction.  In any case, business is booming.

 

Go to fullsize imageDid I mention that Social Networking's getting really popular?

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North Metro Atlanta community banker, Woodstock, GA

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Rainmaker
319,542
Goodbye Active Rain
Out of Real Estate

Don't forget real estate investors.  We are succeeding! 

Feb 17, 2009 06:06 AM #1
Rainmaker
1,563,164
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Fifteen Years Experience in Brevard County

And don't forget the Washington politicians...they are busy and spending money to prove it!

Feb 17, 2009 06:10 AM #2
Anonymous
Clark Blackwell

Tony, Bravo to you and your company. You're correct. Investors should be heeding Warren Buffet's advice right now, "When everyone else is greedy, be afraid. When everyone else is afraid, be greedy."

Gary, I don't disagree but I can't quite bring myself to mention politicians & entrepreneurs in the same sentence. . . oops I did it anyway.

Feb 17, 2009 08:13 AM #3
Rainmaker
319,542
Goodbye Active Rain
Out of Real Estate

Clark,  Greed has nothing to do with it!  We don't come from that mindset, but the mindset of abundance.

Feb 17, 2009 12:29 PM #4
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Rainer
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Clark Blackwell

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